Women’s Financial Achievements, Today And Looking Ahead (Mar 7, 2018)

March is Women’s History Month, making it a perfect time to highlight women’s many achievements since women first gained the right to vote, less than one hundred years ago. Today, women comprise 47% of the workforce, occupy 20% of U.S. Congressional seats, and more women under age 29 obtain undergraduate diplomas compared to men.

However, while there’s much to celebrate about women’s empowerment, there’s still a long road ahead to accomplishing true equality for women: personally, professionally, and financially.  We take a look at some interesting statistics about women today, and consider ways to secure your financial future as a woman.

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Three Cheap And Easy Ways To Protect Your Wealth (Mar 6, 2018)

Regardless of how you’ve accumulated your wealth (through earnings, inheritance, or a windfall), your wealth is meaningful to you and deserves protection. There are a myriad of risks that exist with the potential to negatively impact your wealth in a significant way. Some are more common than others. Common loss events include personal liability exposure and ownership damages.

Fortunately, there are three cheap and easy ways to protect your wealth in these high risk areas and avoid a preventable loss, so that you can benefit from your assets through lifetime enjoyment.

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Fun Books About Money And Financial Literacy (Mar 2, 2018)

Teaching your kids about money is an important aspect of being a parent. You’ll need to consider basics like your child’s age, unique personality, and learning style (altogether, there are eight recognized learning styles) when developing a suitable approach. However, by far the most important aspect of instilling financial literacy is to make learning about finances fun – for both of you!

There are plenty of board games, apps, and other tools available to encourage sound money habits, but as March 2 is Read Across America Day, we thought we’d share some fun books about money and financial literacy from SagVest Wealth Management’s sister site, SageVest Kids.

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Top 10 Retirement Myths (Feb 27, 2018)

You’ve probably heard some retirement myths, or read them online. While quick-fix retirement myths can be tempting, it’s important to evaluate their accuracy relative to your personal finances. Furthermore, many retirement myths are decades old, when lifestyles and retirement were far different than today.

Whether you’re a Millennial just starting out, an individual at the height of your career, or you’ve already retired, it’s vital to make the most of your retirement savings. This begins with establishing a personalized retirement plan – and reconsidering the validity of the following retirement myths.

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Healthy Financial Parenting And Managing Parental Differences (Feb 23, 2018)

One of the most fundamental aspects of teaching your kids about financial literacy is being a strong money role model. Healthy financial parenting starts with understanding your own approach to money, and, if you’re part of a couple, your partner’s outlook on money too. If you have differing financial perspectives, it can be difficult to manage parental differences. This can be especially true if the family’s divided by separation or divorce. SageVest Wealth Management’s sister site, SageVest Kids, offers some helpful insights into how to manage parental differences about money and establish healthy financial parenting behaviors.

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Financial Tips For Relationships Later In Life (Feb 22, 2018)

Entering a new romantic relationship at any age brings excitement, possibilities, and energy. It also entails considerations of compatibility on a multitude of levels, including financially.

Getting together on the same page about money is a key element of relationship success, but it’s especially important for relationships formed later in life, whether you’re simply looking for friendship or searching for a new soul mate. At this stage in life, you’re likely to be more personally and financially established, possibly with a family, your own home, or even a business. Blending a new partner into your life and into your finances requires thoughtfulness, open communication, and careful planning.

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Financial Planning Tips For Parents (Feb 13, 2018)

For many individuals, one of the most rewarding and challenging journeys in life involves being a parent. Beyond the daily essentials like love, good food, toys, and more that your child will need to learn and grow, there are also a host of financial considerations for you to plan for. These include decisions about childcare costs, healthcare coverage, and estate planning options.

If you’re thinking about parenthood now or in the future, SageVest Wealth Management’s sister site, SageVest Kids, offers some helpful financial planning tips for parents.  

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Tax Reform – What You Need To Do Now (Feb 5, 2018)

According to an estimate from the Tax Policy Center,  80% of US taxpayers will owe less in taxes as a result of tax reform. A smaller percentage will pay more.

Do you know if you’re one of the lucky or unlucky ones?

Sadly for many, tax with-holdings will not adjust appropriately given the complexity of tax reform changes. This means that people might not feel the impact of tax reform until they file their taxes in April 2019. Here’s what you need to do now to plan proactively and try to avoid a tax surprise next year.

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5 Questions To Ask Yourself About Saving For Retirement (Feb 1, 2018)

Do you have trouble envisioning your retirement? Are you realistic about both your current budget and future retirement expenses? Do you even know where to start when it comes to saving for retirement? These are all classic traits that can impede your retirement success.

The good news is that you can change your approach to retirement. Jennifer Myers of SageVest Wealth Management was recently quoted in US News and World Report and we offer five quick questions about saving for retirement, and the benefits of working with a financial advisor to achieve your retirement objectives.

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How To Invest At Market Highs Now The Dow’s Above 26,000 (Jan 26, 2018)

The Dow Jones Industrial Average recently crossed a record-breaking 26,000, with other indices also hitting record highs. If you’ve been invested in stocks, you’re likely celebrating and considering if it’s time to take some profits through diligent rebalancing. Conversely, if you’re sitting on cash balances, you may be facing the difficult decision of whether now’s a good time to dive into the markets or whether you should stay on the cash sidelines. While the answer’s different for everyone, SageVest Wealth Management offers some advice on how to invest at market highs now the Dow’s above 26,000.

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